Global Military Spending Still Rising
June 12, 2006
The U.S.-made X-45 pilotless attack aircraft (epa)
The figure corresponds to 2.5 percent of the global gross domestic product.
The United States accounted for nearly half of all military spending. The institute says U.S. spending in Iraq and Afghanistan is expected to help push global military expenditures even higher in 2006.
(Reuters, AP)